Quote:
Originally Posted by Munchkin03
I was cleaning out my desk a few weeks ago, and I found a business card from a college classmate, who was (as a year and a half ago) at Lehman Brothers specializing in CDO Sales. Before that, he was at Bear Stearns. I'd bet he is no longer employed.
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Yeah, and this is also why the idea that retention bonuses were absolutely essential in a time when a lot of people in the financial sector were losing jobs is even more baffling from the outside looking in. If you needed to force concessions, it seems like AIG employees, particularly in the parts of the company most closely linked to losses, would realize that it wasn't going to be a good time to be looking for work.
I hate it that people are losing jobs. I don't mean to come off like individuals deserve the hardships they face.